$539,000
PENDING

Estimated payment $3,439/month

Total Views 5,921
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • 10 Car Detached Garage
  • Central Air
  • No HOA

About This Home

Outstanding set of five cash-flowing single-family homes in Independence, MO—an excellent opportunity to expand your portfolio or dive into real estate investing with a strong, income-producing package. The homes include two 2-bedrooms, two 3-bedrooms, and one 1-bedroom, all located in quiet neighborhoods with large yards. Each property has been updated over time with renovations and improvements, and all are currently well-occupied with dependable tenants. Rents are under market by $100–$200+ per house offering immediate upside potential. Tenants pay nearly all utilities and services, keeping owner responsibilities low (see Rent Roll in supplements). Gross monthly income is nearly $5,000 with room to grow. Lenders are standing by with easy portfolio loan options to finance all five properties in one seamless transaction—buy and cash flow from day one or sell individually over time to maximize returns.

Listing Agent

Alex Olson

Legendary Apartment Brokers Brokerage Phone: 816-591-0825 License #2019043249 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,859

Year Built

  • Built in 1929

Home Design

  • Composition Roof

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher

Parking

  • 10 Car Detached Garage
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • 2-Story Property
  • Deck
  • 6,972 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 26-540-15-27-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Fairway Park Subdivision

Building Details

  • Gross Income $59,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,859

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Year Built: 1929
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Alex Olson
  • Listing Service: Full Service
  • List Office Mls Id: HMSLEAB
  • List Office Name: Legendary Apartment Brokers
  • List Office Phone: 816-591-0825
  • Mls Status: Pending
  • Operating Expense: 5859
  • Age Description: 76-100 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 5859
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Phone Other: 8165910825
  • Phone Other Type: Cell
  • Package: Yes
  • Attribution Contact: 816-591-0825
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Free-Standing Electric Oven
  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick/Mortar, Brick Trim
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Covered, Patio
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Detached, Off Street
  • Total Parking Spaces: 10

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Superior Title and Escrow

Schools

  • Junior High Dist: Independence

Lot Info

  • Zoning: Res
  • Lot Size Area: 6972
  • Lot Size Sq Ft: 6972
  • Parcel Number: 26-540-15-27-00-0-00-000
  • Subdivision Name: Fairway Park
  • In Flood Plain: No

Building Info

  • Number of Units Total: 5

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 59364
  • Current Occupancy Rate: Over 95%
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 5859
  • Tax Abatement YN: 0

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $927 $13,378 $2,508 $10,870
2023 $906 $13,378 $1,436 $11,942
2022 $688 $9,310 $1,817 $7,493
2021 $687 $9,310 $1,817 $7,493
2020 $708 $9,318 $1,817 $7,501
2019 $697 $9,318 $1,817 $7,501
2018 $635 $8,109 $1,581 $6,528
2017 $635 $8,109 $1,581 $6,528
2016 $625 $7,906 $1,761 $6,145
2014 $594 $7,676 $1,710 $5,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $539,000 -- --
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Stewart Title Company
Special Warranty Deed -- None Available
Trustee Deed $53,173 None Available
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Deed -- Metro
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,608 FHA
Previous Owner $40,050 Purchase Money Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2548543

Heartland MLS

APN: 26-540-15-27-00-0-00-000